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The cuts represent Yahoo's sixth major layoff in the last four years, though Wednesday's were the deepest in its 17-year history.
When the 2008 financial crisis hit, he took on an additional role: "Every time we had a major layoff, because I'm so tall, I'd wait outside in a suit to escort people to the lobby," he told me.
He is already starting to break a steady stream of scoops, like his posts that reported that ABC was planning a major layoff in February, or the story last October that Fox News's 3 a.m. show was getting better ratings than CNN's 8 p.m. primetime show — a fact that Fox later worked into an advertising campaign.
And it started at the most unlikely of businesses, Coca-Cola Co., which hadn't had a major layoff in its century-plus history headquartered in Atlanta.
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Union workers contended the plans would lead to major layoffs.
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He has to wrest $65 million in union givebacks or prepare major layoffs.
At some point, major layoffs by businesses citing excessive wage costs may ensue.
On March 26, Iona Technologies and Educational Multimedia announced major layoffs and another consultancy, Nua, shut down.
At home, heavy-handed corporate restructuring that leads to major layoffs may sober voters.
No major layoffs are expected, though National Grid expects to achieve savings through natural attrition.
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